In a email today through his campaign account titled “Standing Up For You,” the first-year Democratic attorney general says it would be wrong to settle with the banks and give them a pass on any further legal action.

“Our ongoing investigation into the housing crisis cannot be shut down to accommodate efforts to settle quickly and give banks and others broad immunity from further legal action,” Schneiderman wrote.

Yesterday, Schneiderman garnered national headlines when he was removed from the executive committee that’s negotiating a settlement with the banks. That comes after the New York Times reported that the Obama administration is pressuring Schneiderman to drop his opposition to the settlement with the banks over its questionable foreclosure practices.

Schneiderman suggests he isn’t planning to change his stance.

“Let me tell you directly: I am deeply committed to pursuing a full investigation into the misconduct that led to the collapse of America’s housing market, and to seeking a resolution that gives homeowners meaningful relief, allows the housing market to begin to recover, and gets our economy moving again,” he wrote.

Let me tell you directly: I am deeply committed to pursuing a full investigation into the misconduct that led to the collapse of America’s housing market, and to seeking a resolution that gives homeowners meaningful relief, allows the housing market to begin to recover, and gets our economy moving again.

Our ongoing investigation into the housing crisis cannot be shut down to accommodate efforts to settle quickly and give banks and others broad immunity from further legal action. If you have any thoughts or concerns about this critical issue, please contact me at 1-800-771-7755, or send a message via Facebook or Twitter.